Anheuser-Busch InBev SA/NV (NYSE:BUD) Given "Buy" Rating at Sanford C. Bernstein

Key Points

• Anheuser-Busch InBev SA/NV received a "Buy" rating from Sanford C. Bernstein, reinforcing a positive outlook, which is supported by ratings from multiple other analysts including JPMorgan Chase and Goldman Sachs.
• The stock currently has a consensus target price of $71.00, with two analysts rating it as Strong Buy and ten as Buy.
• Anheuser-Busch reported a 0.6% decrease in stock value with a recent opening price of $59.51, following a quarterly earnings beat but a year-over-year revenue decline of 2.1%.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at Sanford C. Bernstein in a research report issued to clients and investors on Tuesday,MarketScreener reports.

Several other analysts have also recently commented on the stock. JPMorgan Chase & Co. restated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Tuesday. The Goldman Sachs Group reiterated a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research note on Thursday, September 25th. Berenberg Bank reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a report on Thursday, September 18th. UBS Group reaffirmed a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Thursday, September 18th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Anheuser-Busch InBev SA/NV in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $71.00.

Anheuser-Busch InBev SA/NV Stock Down 0.6%

BUD stock opened at $59.51 on Tuesday. The company's 50 day simple moving average is $61.55 and its 200-day simple moving average is $64.86. The firm has a market capitalization of $116.20 billion, a PE ratio of 16.71, a P/E/G ratio of 1.67 and a beta of 0.79. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.64 and a quick ratio of 0.48. Anheuser-Busch InBev SA/NV has a 12 month low of $45.94 and a 12 month high of $72.13.

Anheuser-Busch InBev SA/NV (NYSE:BUD - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The consumer goods maker reported $0.98 EPS for the quarter, beating the consensus estimate of $0.94 by $0.04. Anheuser-Busch InBev SA/NV had a return on equity of 16.21% and a net margin of 12.16%.The firm's quarterly revenue was down 2.1% on a year-over-year basis. During the same period last year, the firm earned $0.90 EPS. Equities analysts expect that Anheuser-Busch InBev SA/NV will post 3.37 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Legacy Investment Solutions LLC purchased a new stake in Anheuser-Busch InBev SA/NV in the 2nd quarter valued at about $28,000. NBC Securities Inc. bought a new stake in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth approximately $32,000. Elevation Point Wealth Partners LLC purchased a new position in Anheuser-Busch InBev SA/NV in the 2nd quarter worth approximately $35,000. NewSquare Capital LLC raised its stake in Anheuser-Busch InBev SA/NV by 602.7% in the second quarter. NewSquare Capital LLC now owns 527 shares of the consumer goods maker's stock worth $36,000 after buying an additional 452 shares in the last quarter. Finally, Garde Capital Inc. bought a new position in shares of Anheuser-Busch InBev SA/NV in the 1st quarter worth about $37,000. 5.53% of the stock is owned by institutional investors.

Anheuser-Busch InBev SA/NV Company Profile

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

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